New Features
Last updated
Last updated
Canonical Vaults receive a fixed rate of emissions over the year, initially spread across the four starting vaults: the MetaVault (USD stablecoins), BTC, ETH, and LINK. Stakers will be able to redistribute these emissions through a gauge system.
yAxis gauges are inspired by curve.fi. Token stakers are able to apply a weighted vote for a higher portion of the available emissions to go to a specific vault. By locking staked tokens for a period of time, stakers are able to increase their voting power. The weighted aspect means an underrepresented vault will be able to catch up more quickly.
More information coming soon...
